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APG Asset Management

APG Asset Management invests its own or fund capital, without a clearly stated strategy, from Netherlands. It states a focus on construction, financial services, media & communications and software & internet.

Disclosed holdings
Earliest stated investment
HeadquartersNetherlands
Largest single fundNot stated

Stated investment criteria

What APG Asset Management says it buys

Read from APG Asset Management’s own website in August 2026. This is what the firm says it buys, not what anyone has recorded it buying, and figures are shown in the currency the firm itself used - nothing here is converted. Every line links to the page it was read from.

OfficesAmsterdam, Brussels, New York, Hong Kong1

A stated mandate is a firm’s description of itself and was true of the page on the day it was read; firms widen and narrow what they will look at without updating the site. Nothing here is a commitment by APG Asset Management to consider any particular business, and nothing on this page is represented as being for sale.

Valuation context

Transaction values in Construction

What companies have actually sold for in construction, across 86 recorded transactions.

Median consideration$80m
Middle 50%$23m-$266m
Revenue multiple0.5×
EBITDA multiple4.8×

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Comparable investors

Similar mandates

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